CSI Solar Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	-	11,689	18,950	11,940	7,257
Trading Asset Securities	-	2,035	107.58	127.71	128.76
Cash & Short-Term Investments	14,709	13,724	19,058	12,068	7,386
Cash Growth	7.18%	-27.99%	57.92%	63.40%	-17.25%
Accounts Receivable	-	12,351	8,908	8,084	4,959
Other Receivables	-	914.95	790	543.11	478.52
Receivables	-	13,266	9,698	8,627	5,438
Inventory	-	7,164	7,799	9,137	6,676
Prepaid Expenses	-	-	-	123.3	-
Other Current Assets	-	2,265	2,428	2,732	3,392
Total Current Assets	-	36,418	38,983	32,688	22,892
Property, Plant & Equipment	-	22,489	22,191	12,718	8,866
Long-Term Investments	-	1,060	916.62	462.64	380.43
Other Intangible Assets	-	814.94	829.02	573.76	570.01
Long-Term Accounts Receivable	-	26.57	-	-	-
Long-Term Deferred Tax Assets	-	2,213	1,564	1,147	962.02
Long-Term Deferred Charges	-	1,399	311.75	187.67	210.53
Other Long-Term Assets	-	939.77	980.57	523.56	239.41
Total Assets	-	65,359	65,775	48,300	34,120
Accounts Payable	-	10,845	12,138	16,391	9,062
Accrued Expenses	-	2,013	1,639	1,375	1,211
Short-Term Debt	-	7,963	6,887	5,273	6,125
Current Portion of Long-Term Debt	-	1,963	1,859	709.75	949.36
Current Portion of Leases	-	256.64	476.17	146.78	149.78
Current Income Taxes Payable	-	710.8	352.15	269.32	211.25
Current Unearned Revenue	-	2,967	5,605	3,095	1,780
Other Current Liabilities	-	5,156	8,133	4,834	2,645
Total Current Liabilities	-	31,876	37,090	32,095	22,133
Long-Term Debt	-	6,369	3,423	2,396	277.58
Long-Term Leases	-	1,434	1,208	241.11	317.29
Long-Term Unearned Revenue	-	1,508	1,511	1,156	1,074
Long-Term Deferred Tax Liabilities	-	117.43	122.27	91.1	138.22
Other Long-Term Liabilities	-	1,178	942.33	584.46	712.26
Total Liabilities	-	42,482	44,296	36,563	24,652
Common Stock	-	3,688	3,688	3,066	3,066
Additional Paid-In Capital	-	7,851	7,622	1,513	1,471
Retained Earnings	-	12,132	10,320	7,422	5,266
Treasury Stock	-	-566.35	-	-	-
Comprehensive Income & Other	-	-203.73	-212	-338.52	-407.23
Total Common Equity	23,483	22,902	21,418	11,663	9,395
Minority Interest	-	-24.76	61.5	73.89	73.06
Shareholders' Equity	23,480	22,877	21,480	11,737	9,468
Total Liabilities & Equity	-	65,359	65,775	48,300	34,120
Total Debt	20,595	17,986	13,852	8,767	7,819
Net Cash (Debt)	-5,887	-4,262	5,205	3,301	-433.47
Net Cash Growth	-	-	57.68%	-	-
Net Cash Per Share	-1.61	-1.16	1.52	1.07	-0.14
Filing Date Shares Outstanding	3,601	3,609	3,688	3,066	3,066
Total Common Shares Outstanding	3,602	3,688	3,688	3,066	3,066
Working Capital	-	4,542	1,893	592.85	758.72
Book Value Per Share	6.52	6.21	5.81	3.80	3.06
Tangible Book Value	22,684	22,087	20,589	11,089	8,825
Tangible Book Value Per Share	6.30	5.99	5.58	3.62	2.88
Land	-	237.92	198.55	193.69	116.89
Buildings	-	6,990	6,964	5,356	4,651
Machinery	-	19,327	17,050	10,770	9,694
Construction In Progress	-	4,145	4,266	2,503	628.71

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.